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- cprao replied Sep 15, 2011
Gold H1 Rounded retest — Any comments on this position? Still working . Update - Closed this position for a profit at 1777.
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- cprao replied Sep 5, 2011
I am not calling this as an SFP.. I was anticipating for an SFP or a break for a rounded retest ? At this time, price is still hanging over there.
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- cprao replied Sep 5, 2011
I guess this is the KEY to remember. Any level is good for only one entry only. However rounded retest is better than buttkiss (just my opinion) since on rounded retest - FTA can be easily determined.
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- cprao replied Sep 5, 2011
I am also looking at this: for a entry (short) at 0.7924, targetting for 0.7894 for 30 pips with a SL at 0.7956.
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- cprao replied Sep 2, 2011
EURUSD - Weekly BEOB — Off from 1.45 But no to little space.
james16 Chart Thread
- cprao replied Sep 1, 2011
I just closed this trade at BE since the daily is closed below the level. I am not sure whether it is a bad trade or the trade just did not work out.
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- cprao replied Sep 1, 2011
I think it is still a rounnded retest.. I am still there .. hanging but in -ve. However these are my thoughts. H4- the level is not clean Daily- the level is clean.
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- cprao replied Sep 1, 2011
I am also with you on this one. I took the trade at 1.3308 for long. Did you take it ? I am not highly confident on this trade though the resistance at 1.33 on the daily looks quite strong. Not confident becauze EUR is being hammerred everywhere.
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- cprao replied Aug 31, 2011
On a second look, buy level is no longer valid since the level is already tested on 07/29.
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- cprao replied Aug 31, 2011
Was .8090 a planned exit ? If yes,that is supreb. The way I see is it .8070 is first FTA and .8115 is the 2nd FTA. Reached .8070 and turned back at .8090.
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- cprao replied Aug 31, 2011
I agree that Tom has mentioned that - he likes the price acceleration into his level.. though I am not sure same is applicable to SFP also. now these are my thoughts on this pair.
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- cprao replied Aug 31, 2011
Technically yes. But not very convincing since 1) tail is not long - does not represnt clear support 2) all the previous strong beraish bars indicates the momentum to south. The above are only my thoughts.
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- cprao replied Aug 31, 2011
. I missed this. What is your expected FTA here ? My expectation is 0.8115..Fail Better
- cprao replied Aug 29, 2011
I should do the same. So far, I have closed 7 trades pre maturely.. which should have reached my planned targets.
james16 Chart Thread